By Thomas Franco* It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main changes that were done included a shift from class banking to mass banking, a shift from big industries to agriculture, the development of small, medium, and micro enterprises, a shift from urban to rural areas, and a reduction in income inequality. However, after 1991, the reversal began slowly and accelerated in 2014, when the NDA took over the government, with slogans like the government has no business being in business; the public sector was born to die, etc. They couldn’t privatise a public sector bank until now because of the UFBU’s strong opposition. But using dubious methods, they have reduced the strength of the PSBs. As per the RBI data of March 2014, 82% of the branches, 65% of the loan limit, and 75% of the loans outstanding were with public banks. The staff strength of PSBs (including SBI) was 844445 whereas private banks, including